Stock on Watch: Network-1 Technologies, Inc. (NTIP)

Company Profile:

Network-1 Technologies, Inc. develops, licenses, and protects intellectual property assets. The company owns 33 patents, including the remote power patent covering the delivery of power over Ethernet cables for the purpose of remotely powering network devices, such as wireless access ports, IP phones, and network based cameras; and the Mirror Worlds patent portfolio relating to foundational technologies that enable unified search and indexing, displaying, and archiving of documents in a computer system. Its patents also comprise the Cox patent portfolio relating to enabling technology for identifying media content on the Internet; and the quality of service (QoS) patents covering systems and methods for the transmission of audio, video, and data in order to achieve high QoS over computer and telephony networks. The company was formerly known as Network-1 Security Solutions, Inc. and changed its name to Network-1 Technologies, Inc. in October 2013 to reflect the nature of its business. Network-1 Technologies, Inc. was founded in 1990 and is headquartered in New York, New York.

Recent News:

On Sep. 22, 2017, the company agreed to settle its patent litigation against Avaya, Inc. pending in the United States District Court for the Eastern District of Texas, Tyler Division, for infringement of Network-1’s Remote Power Patent.

The company reported revenue of $4,862,000 and $11,083,000 for the three and six months ended June 30, 2017, respectively, as compared to revenue of $20,447,000 and $25,637,000 for the three and six months ended June 30, 2016, respectively.

Its Board of Directors has declared a semi-annual cash dividend of $0.05 per common share. The semi-annual dividend of $0.05 per share is payable on September 20, 2017 to all common stockholders of record as of September 1, 2017.

 

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

NTIP’s strengths can be seen in its strong growth and robust profitability compared with its peers. Its revenue and net income have increased over several years. Technical indicators signal the bullish signs, as there is a bullish cross in MACD and Stochastic Oscillator. RSI(14) stands at 57.41 with positive bias. We rate Network-1 Technologies, Inc. (NTIP) a STRONG BUY.

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